The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Nova Lifestyle's share price is $2.29.
Nova Lifestyle's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $7.25. Hence, Nova Lifestyle's PS Ratio for today is 0.32.
The historical rank and industry rank for Nova Lifestyle's PS Ratio or its related term are showing as below:
NVFY'
s PS Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.47 Max: 2.51
Current: 0.32
During the past 13 years, Nova Lifestyle's highest PS Ratio was 2.51. The lowest was 0.10. And the median was 0.47.
NVFY's PS Ratio is ranked better than 84.09% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.03
vs NVFY: 0.32
Nova Lifestyle Inc revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Nova Lifestyle was -22.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -10.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -32.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -28.20% per year.
During the past 13 years, Nova Lifestyle's highest 3-Year average Revenue per Share Growth Rate was 18.00% per year. The lowest was -53.10% per year. And the median was -10.40% per year.
Back to Basics: PS Ratio
Nova Lifestyle PS Ratio Historical Data
The historical data trend for Nova Lifestyle's PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Nova Lifestyle's PS Ratio
For the Furnishings, Fixtures & Appliances subindustry, Nova Lifestyle's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nova Lifestyle's PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nova Lifestyle's PS Ratio distribution charts can be found below:
* The bar in red indicates where Nova Lifestyle's PS Ratio falls into.
Nova Lifestyle PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Nova Lifestyle's Share Price of today is $2.29. Nova Lifestyle's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.25.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Nova Lifestyle PS Ratio Related Terms
Thank you for viewing the detailed overview of Nova Lifestyle's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Nova Lifestyle (Nova Lifestyle) Business Description
Nova Lifestyle Inc is a designer and lifestyle furniture company. It distributes and retails contemporary styled residential and commercial furniture. The firms marketing and sales platform offers retail as well as online selection and purchase fulfillment internationally. The company also sells managed a variety of bedding foundation components. Its collection of lifestyle furniture brands includes Diamond Sofa. The firm's products are made in the United States and Asia. Its customers mainly comprise distributors and retailers having specific geographic coverages that deploy middle to high-end private label home furnishings. The Company operates in one business and industry segment: the design and sale of furniture.
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